Friday, May 11, 2007

WASHINGTON — President Bush helped raise $10.5 million for the national Republican Party at its annual gala on Thursday night, the smallest take in years for the event that came only months after the GOP lost control of both houses of Congress.

The Republican National Committee's spring fundraising gala hosted by the president raised $17 million last year, $15 million in 2005 and $14 million in 2003. When Bush was seeking re-election to the White House in 2004, the dinner brought in a record $38.5 million.

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The latest fundraising filings showed that national Democrats have nearly eliminated Republicans' advantage.